Common use of Card Accounts Clause in Contracts

Card Accounts. Your Bennington Card can be linked with and used to access value in Pre-Paid Accounts. There is no credit card, credit account or deposit account associated with the Bennington Card. Bennington Card Account funds are aggregated in a bank account maintained by the College. Cardholder, Card and Account information are kept on computer systems maintained by the College and Service Providers contracted by the College. You agree and give the College permission to share Your personal information with such Service Providers to enable them to perform data processing required to provide these and other Card related services. Bennington College is not acting as a trustee, fiduciary or escrow with respect to value in Bennington Card Accounts, but is acting only as an agent and custodian. No interest, dividends or other earnings or return will be paid on any value loaded in Accounts. Value associated with individual Cardholder Accounts are not insured by the Federal Deposit Insurance Corporation (FDIC).

Card Accounts. Your Bennington Card can be linked with and used to access value in Pre-Paid Accounts. There is no credit card, credit account or deposit account associated with the Bennington Card. Bennington Card Account funds are aggregated in a bank account maintained by the College. Cardholder, Card and Account information are kept on computer systems maintained by the College and Service Providers contracted by the College. You agree and give the College permission to share Your personal information with such Service Providers to enable them to perform data processing required to provide these and other Card related services. Bennington College is not acting as a trustee, fiduciary or escrow with respect to value in Bennington Card Accounts, but is acting only as an agent and custodian. No interest, dividends or other earnings or return will be paid on any value loaded in Accounts. Value associated with individual Cardholder Accounts are is not insured by the Federal Deposit Insurance Corporation (FDIC).